Tag: business news
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Nvidia earnings are boosting these other chipmakers. Here’s why
Nvidia posted blockbuster results, and the enthusiasm is spilling over into other parts of the semiconductor sector.
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CrowdStrike posted record results. Citi sees sharp gains ahead
CrowdStrike is poised to see its shares go up after it posted very strong quarterly financial results on Wednesday, according to Citi.
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Kansas City Fed’s Schmid says inflation ‘stubborn’ and ‘sticky,’ policy rate not restrictive
The policymaker stopped just short of calling for an interest rate hike.
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What the Buss family Lakers dispute can teach the wealthy about trusts
Jeanie Buss, governor of the Lakers, is contesting her siblings’ decision to sell the family’s remaining stake in the NBA team.
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Nvidia just had another blowout quarter, leaving analysts even more bullish on the chipmaker
Several analysts across Wall Street hiked their price targets on Nvidia following the chipmaker’s blowout quarterly release.
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Best Buy tops quarterly estimates, raises outlook as computing shows strength
Best Buy raised its full fiscal-year outlook on Thursday after reporting a stronger-than-expected first-half performance.
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Treasury yields ease ahead of jobs data and Jackson Hole
Treasury yields were slightly lower as investors gear up for an initial jobless claims print and a highly-anticipated speech from Fed Chair Kevin Warsh.
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Nvidia agrees to buy Hugging Face for $12.9 billion, report says
Nvidia reportedly agreed to buy open source AI platform Hugging Face for $12.9 billion as the chipmaker expands deeper into the AI ecosystem.
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Qantas shares jump after earnings as airline unveils new business-class seats
Qantas shares jumped 4% after the airline reported full-year earnings and introduced new business-class seats amid strong demand for premium travel.
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Japanese startups, IPOs set for boost with platform to trade unlisted companies
The Japanese regulator’s registration of a new trading platform for unlisted shares could help create a more favorable capital-raising environment for the country’s IPO ecosystem.
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